Appreciate any insight.In the Cleveland market, most property management companies fall within a fairly consistent range, so you’re on the right track factoring this into your underwriting.From what I typically see locally:• Monthly management fee: around 8%–10% of collected rent for small multifamily and single family portfolios.

Iran Allowing The Straight to OpenLate last week, Iran put out public statements saying they would allow free passage of all commercial ships through the Straight of Hormuz bottleneck, except for those bound for US or Israel.

Until then, markets are likely to remain range‑bound and uninspired, leaning on secondary data and headlines rather than making large directional moves.

It’s banded by submarket, asset class, and vintage.Broad current market ranges I’m seeing underwritten and traded:Houston:• Core / newer Class A: ~4.75%–5.25%• Class B (good submarkets): ~5.75%–6.50%• Class C / tertiary: ~6.75%–8.0%+San Antonio:• Core / Class A: ~4.75%–5.50%• Class B: ~5.75%–6.75%• Class C: ~7.0%–8.25%+Lenders and buyers are underwriting closer to exit caps +50–100 bps depending on rent growth assumptions and leverage.If you can share submarket, vintage, unit count, and business plan, the group can help sanity-check whether your UW is realistic for today’s debt environment.

What is the price range for single family housing?

Great breakdown — and smart to stress-test before buying rather than after.A few things I'd add from what we see on the ground in Milwaukee:On the 10% management fee: That's the standard range, but what's included varies wildly between companies.

My goal is to do smaller flips in the $10K–$20K profit range while I shift toward more long-term rental investing.Curious to hear how others approach flipping these property types.

From what I've seen, fully renovated 2/1s in 38106 have been selling in the $90k–$120k range recently, though the overall median sold prices in the zip seem lower (around $60k–$85k for all homes, with some nicer ones hitting higher).

The listing prices range from $205-$239k.

Operators are feeling it.𝐖𝐡𝐚𝐭 𝐓𝐡𝐢𝐬 𝐌𝐞𝐚𝐧𝐬 𝐟𝐨𝐫 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬Vacancies in the 4–5% range equal real revenue loss, especially with elevated operating costs.